Logo Jonesboro Fair Market Rent FY 2020 Jonesboro, AR HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Jonesboro, AR :
$517 $628 $793 $1,088 $1,249
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Metro Area

Fair Market Rent prices in Jonesboro are average compared to the national average. This FMR area is more expensive than 71% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Jonesboro is $793 per month.

The previous year, rent for a two-bedroom home was $756 per month. This is a 4.89% increase year-over-year.

This FMR rate applies to Egypt, AR, Black Oak, AR, Cash, AR, State University, AR, Caraway, AR, Monette, AR, Bay, AR, Leachville, AR, Lake City, AR, Brookland, AR and other cities within the region. The Metro Code or CBSA code for this region is METRO27860MM3700.

Additionally, This Fair Market Rent (FMR) area Jonesboro, AR HUD Metro FMR Area spans one county or city in Arkansas which is listed in the table below. Estimated population of Jonesboro, AR HUD Metro FMR Area FMR area is 0 people based on 2000 Census data.

Compared to the rest of Arkansas, the Jonesboro FMR area is more expensive than 92% of the state.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Jonesboro. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Jonesboro

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 532
1-BR 1-Bedroom $ 646
2-BR 2-Bedroom $ 816
3-BR 3-Bedroom $ 1120
4-BR 4-Bedroom $ 1286
Change Year:

There is just one county (listed below) within the Jonesboro, AR HUD Metro FMR Area FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers two metro areas: Jonesboro and Memphis.

County / Region Est. Population
Craighead County, AR Metro 0
Zip Codes in Jonesboro, AR HUD Metro FMR Area

There are 17 unique zip codes in this Fair Market Rent (FMR) area:

72401, 72402, 72403, 72404, 72411, 72414, 72416, 72417, 72419, 72421, 72427, 72437, 72438, 72447, 72450, 72467 and 72476

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